Word: coaling
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Dates: during 2000-2009
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...decades, the burning of coal to generate electricity has seemed destined for the dustbin of history. What good is a fuel that emits into the atmosphere twice as much carbon dioxide (CO2) - considered the worst of the greenhouse gases - as does natural gas? Britain, for instance, once hoped to reduce its reliance on [an error occurred while processing this directive] coal-generated power from around 32% to 16% by 2020 as part of its plan to cut carbon emissions by 60% by 2050. And yet, by all indications, coal seems poised for a comeback. Thanks to high natural-gas prices...
...regarded the nation's trees and open land and animal inhabitants as prime constituencies whose interests he must serve. His dear friend forester Gifford Pinchot joined him in warning the public that the natural resources of the U.S. were not inexhaustible, that a timber famine was imminent and that coal, iron, oil and gas would run out someday. Congressional leaders didn't want to hear about game or tree protection or the resource needs of future generations. Roosevelt took advantage of what he called the "bully pulpit" of the presidency to educate voters and legislators about the need for laws...
...Roosevelt's Justice Department went on to bring 44 more antitrust suits in the course of his presidency, he never attacked any other of Morgan's interests. He even used Morgan as a mediator to help settle a Pennsylvania miners' strike that threatened to create a winter scarcity of coal for heating. And when he ran for President in 1904, Roosevelt was not above accepting campaign contributions from the very businesses he was pressuring, though he was so careful not to show them any favor in his second term that Henry C. Frick, one of Rockefeller's lieutenants, was left...
Where was his impact the greatest? Start with the economy. When Roosevelt first came to the presidency, after the assassination of William McKinley, the U.S. was emerging as one of the world's wealthiest nations. It was first in the world in its output of timber, steel, coal, iron. Since 1860 the population had doubled, exports had tripled. But that bounding growth had brought with it all the upheavals of an industrial age--poverty, child labor, dreadful factory conditions. Year after year, workers faced off against bosses with their fists clenched...
...there are hard truths here for Australia and other mid-sized countries. For years, New Zealand has been viewed as a social and economic laboratory. Policy makers can see what works and what doesn't. Perhaps, as some are now suggesting, the Kiwi is becoming the canary in the coal mine of the new global economic order. According to David Skilling, chief executive of The New Zealand Institute, the health of the bird tells us how globalization affects countries on the periphery?and that, of course, includes Australia, despite being five times the size of its neighbor. Geography still matters...